By: ThinkBusiness Africa
A report from African Business Convention (ABC) on 2025 year-in-review for the Nigeria Sovereign Investment Authority (NSIA) shows the organization has evolved into a cornerstone of Nigeria’s economic stability and industrial growth.
The headline achievement of 2025 was a historic financial milestone: the NSIA surpassed $3.10 billion in Net Assets as of June. This represents over 300% massive leap from its $1 billion starting point in 2011. This growth was fueled by a combination of government contributions and disciplined retained earnings.
Crucially, this financial strength is backed by world-class integrity, as the Authority maintained a 100% rating on the Global Sovereign Wealth Funds Governance, Sustainability, and Resilience Index.
The NSIA’s impact is visible across the Nigerian landscape, specifically in energy and food security. NSIA successfully delivered a 10Mega Watts Solar Farm in Kano State, Northern Nigeria.
Nigeria’s grid has traditionally relied on gas and hydro, The Kano plant is now the largest grid-connected solar plant in the country, signaling a shift toward the NSIA’s “RIPLE” (Renewable Investment Platform for Limitless Energy) strategy.
On Agriculture, through the Presidential Fertilizer Initiative, the NSIA expanded fertilizer blending plants to over 80 nationwide. In 2016, the NSIA took over a moribund landscape with only 4 operational blending plants.
By 2025, that number has skyrocketed to over 80 plants. This over 2,130% increase in infrastructure has not only secured food supply but has shifted the NSIA’s role from a simple investor to the primary manager of a national agricultural backbone.
The initiative generated 100,000+ jobs and produced approximately 130 million bags of fertilizer, directly bolstering national food security.
Beyond physical infrastructure, the Authority is betting heavily on the “Next Nigeria” through technology and healthcare.
The NSIA Prize for Innovation attracted over 5,000 applications, with $250,000 awarded to top innovators. The winners were sent to Draper University in Silicon Valley for a five-week accelerator program to prepare them for the global market. Additionally, a $28 million Impact Innovation Fund was launched in partnership with Japan International Cooperation Agency (JICA) to support tech startups.
On healthcare, NSIA’s Oncology Initiative saw the commissioning of advanced oncology and nuclear medicine facilities at three major institutions:
- University of Benin Teaching Hospital (UBTH)
- University of Nigeria Teaching Hospital (UNTH)
- Federal Teaching Hospital Katsina (FTHK)
This national rollout will see transition from treating thousands to a capacity of 350,000+ diagnostic screenings annually.
According to the ABC report, the Authority demonstrated consistent performance even amid global economic shifts: NSIA achieved a 9.9% Compound Annual Growth Rate (CAGR) across multiple economic cycles.
The Children Investment (TCI) portfolio grew by 6% to N204.10 billion in the first half of 2025 alone.
NSIA hosted the Africa Sovereign Investment Forum this year (ASIF2025), bringing together African Sovereign Wealth Funds and institutional investors to map out pathways for the continent’s transformative growth.
The 2025 data shows that the NSIA is no longer just a “savings account” for the federation. It has transitioned into an operational partner that builds power plants, manages fertilizer supply chains, and constructs cancer centers. With a 100% Governance Rating in 2025, it has achieved this scale without sacrificing the institutional integrity it was founded upon.
